{"id":90014,"date":"2009-11-26T01:23:40","date_gmt":"2009-11-25T18:23:40","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/court-backs-banks-on-overdraft-charges\/"},"modified":"2018-05-31T19:03:22","modified_gmt":"2018-05-31T12:03:22","slug":"court-backs-banks-on-overdraft-charges","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/court-backs-banks-on-overdraft-charges\/","title":{"rendered":"Court backs banks on overdraft charges"},"content":{"rendered":"


\nIn blow to consumers, supreme court rules OFT does not have power to decide whether unauthorised charges are fairMillions of bank customers hoping to be refunded their overdraft charges were dealt a surprise blow today when the supreme court handed high street banks a landmark victory over the Office of Fair Trading.The ruling, which concluded a series of trials and appeals lasting two years, determined that the OFT could not challenge overdraft charges because it does not have the power to decide whether unauthorised charges are fair. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Court backs banks on overdraft charges<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

In blow to consumers, supreme court rules OFT does not have power to decide whether...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-90014","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-npQ","jetpack-related-posts":[{"id":25255,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/consumers-dont-stand-a-chance-of-finding-best-deal-on-overdraft\/","url_meta":{"origin":90014,"position":0},"title":"Consumers 'don't stand a chance' of finding best deal on overdraft","date":"September 7, 2016","format":false,"excerpt":"\r Treasury select committee calls on high street banks for urgent action on authorised and unauthorised overdraft chargesMPs have lambasted major banks for excessive overdraft charges and proposed an industry-wide cap on fees after concluding that consumers \u201cdon\u2019t stand a chance\u201d of being able to identify the best deal. Related:\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":52646,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bill-sets-out-plan-to-tackle-extortionate-uk-overdraft-fees\/","url_meta":{"origin":90014,"position":1},"title":"Bill sets out plan to tackle 'extortionate' UK overdraft fees","date":"April 23, 2017","format":false,"excerpt":"\r Legislation proposed by MP Rachel Reeves would make banks subject to similar rules as payday lendersBank customers ripped off by \u201cextortionate\u201d overdraft fees will get support next week from a parliamentary bill that promises to protect the most financially vulnerable from escalating charges.Rachel Reeves, a Labour MP who sits\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":32857,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/city-watchdog-to-examine-overdraft-charges\/","url_meta":{"origin":90014,"position":2},"title":"City watchdog to examine overdraft charges","date":"November 3, 2016","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...City watchdog to examine overdraft charges","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":70762,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/lloyds-and-halifax-overdraft-customers-to-pay-smaller-fees-but-not-all\/","url_meta":{"origin":90014,"position":3},"title":"Lloyds and Halifax overdraft customers to pay smaller fees \u2013 but not all","date":"November 2, 2017","format":false,"excerpt":"\r Shake-up announced by Lloyds Group will benefit many customers, but charges are still \u2018way out of line\u2019Many Lloyds Bank and Halifax customers will see their overdraft costs shrink week \u2013 but some will pay more.A shake-up of fees announced by Lloyds Banking Group in July took effect on 2\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":73820,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-banks-have-2m-customers-stuck-in-permanent-overdraft\/","url_meta":{"origin":90014,"position":4},"title":"UK banks have 2m customers stuck in permanent overdraft","date":"December 6, 2017","format":false,"excerpt":"\r Charity warns of unaffordable lending in overdraft market creating a \u2018vicious cycle\u2019 of debt More than 2 million people in the UK are stuck with permanent overdrafts, with many trapped in a \u201cvicious cycle\u201d of borrowing, according to a debt charity.StepChange said it had also uncovered evidence of unaffordable\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":13318,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/overdraft-fees-to-be-capped-as-cma-looks-to-boost-competition-between-banks\/","url_meta":{"origin":90014,"position":5},"title":"Overdraft fees to be capped as CMA looks to boost competition between banks","date":"May 17, 2016","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Overdraft fees to be capped as CMA looks to boost competition between banks","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/90014"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=90014"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/90014\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=90014"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=90014"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=90014"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}